IQVIA Inc. priced $2,000,000,000 of senior notes due 2034 at 6.375% interest, with proceeds designated to redeem its Senior 5.000% Notes due 2026 and repay revolving Credit debt. Investors receive a defined refinancing plan, with issuance expected on or about September 23, 2026, subject to customary closing conditions.
Key Highlights
- The senior notes will pay interest semi-annually on March 15 and September 15, beginning March 15, 2027.
- IQVIA intends to use proceeds to redeem its Senior 5.000% Notes due 2026 and repay part of its revolving credit facility.
- IQVIA Holdings Inc. is pursuing $2 billion of senior notes due 2034.
- The notes will bear interest at 6.375% annually and mature on March 15, 2034.
IQVIA HOLDINGS INC. (NYSE: IQV) is pursuing $2,000,000,000 of senior notes due 2034, giving its Wholly Owned Subsidiary IQVIA Inc. a new long-dated Debt instrument. The proceeds are designated for debt repayment and offering-related fees and expenses.
$2 Billion Notes Carry 6.375% Interest
The notes will bear interest at 6.375% per annum and mature on March 15, 2034, unless repurchased or redeemed earlier under their terms. Interest payments will be made twice a year on March 15 and September 15, beginning March 15, 2027. The offering is being made to qualified institutional buyers in the United States under Rule 144A and to non-U.S. Investors under Regulation S.
Proceeds Target 2026 Notes and Revolving Debt
IQVIA intends to redeem in full its Senior 5.000% Notes due 2026 with the proceeds. The planned refinancing replaces the existing Senior 5.000% Notes due 2026 with notes carrying a 6.375% annual Interest Rate and extending to 2034.
FAQs
Q: What is IQVIA’s new senior notes offering?
A: IQVIA Inc. priced $2,000,000,000 of senior notes due 2034. The notes carry a 6.375% annual interest rate and are expected to be issued on or about September 23, 2026.
Q: How will IQVIA use the notes proceeds?
A: IQVIA plans to redeem its Senior 5.000% Notes due 2026 in full. Proceeds will also repay part of its revolving credit facility debt and cover offering-related fees and expenses.
Q: When will IQVIA note interest payments begin?
A: Interest will be paid semi-annually on March 15 and September 15. The first payment is scheduled for March 15, 2027, under the senior notes’ terms.
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